Oregon Administrative Rules
Chapter 123 - OREGON BUSINESS DEVELOPMENT DEPARTMENT
Division 623 - STRATEGIC INVESTMENT PROGRAM
Section 123-623-3400 - Operational Changes to Existing Designations
Universal Citation: OR Admin Rules 123-623-3400
Current through Register Vol. 63, No. 9, September 1, 2024
(1) The sponsor of an existing SIZ may revise any of its documentation, procedures or policies, including but not limited to establishing a different standardized agreement, subject to communicating or submitting revisions to the Department.
(2) The Department may:
(a) Convey the revisions for consideration by
the Commission, which may approve them if necessary and appropriate;
or
(b) At its sole discretion,
simply accept revisions, formally authorize them, or send the Commission a
report of any such action, if deeming the revisions to be consistent with the
original designation, and to be:
(A) Merely
clarifying or enhancing administrative or technical matters;
(B) Changing a substantive criterion or
requirement to only a relative degree; or
(C) Of a similar nature that does not warrant
full Commission review or sanction.
(3) Any such revision does not affect Abatement in the SIZ, for which the Department effectively received the Application on or before the effective date of any such change.
Statutory/Other Authority: ORS 285A.075 & 285C.615(7)
Statutes/Other Implemented: ORS 285C.623 & 285C.626
Disclaimer: These regulations may not be the most recent version. Oregon may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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